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Question 23 (3.7 points) Saveu The inflation rate in the U.S. IS 10%, while the inflation rate in Japan is 2%. The current exchange rate

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Question 23 (3.7 points) Saveu The inflation rate in the U.S. IS 10%, while the inflation rate in Japan is 2%. The current exchange rate for the Japanese yen () is $0.0092 After supply and demand for the Japanese yen has adjusted in the manner suggested by purchasing power parity, the new exchange rate for the yen will be: $0.0099 $0.0085 $0.0096 $0.0082

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